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Czech Defence Group CSG Forms JV with EURENCO for Slovak Artillery Propellant Plant

Summary by www.sme.sk
ZVS Holding and France’s Eurenco plan €300 million factory in eastern Slovakia producing propellant charges.

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On 4 March 2026, at the Ministry of Defence of the Slovak Republic and in the presence of Slovak Minister of Defence Robert Kaliňák, a joint memorandum was signed between EURENCO, Europe's leader in the production of energy materials and sub-components for ammunition, and ZVS holding, a subsidiary of the Slovak Republic and MSM Group, part of the CSG group....

·Italy
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The Slovak semi-state company ZVS holding from the Czechoslovak Group (CSG) and the French company Eurenco will build a factory in Slovakia for the production of powder charges for artillery ammunition. The investment in the project will reach 300 million euros (7.3 billion crowns). Representatives of both companies announced this on Wednesday...

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Reuters broke the news in United Kingdom on Wednesday, March 4, 2026.
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